Re:Food Prices Are Soaring Faster Than Inflation and Incomes
by scottLobster on Monday March 08, 2021 @11:21AM
(#26387384)
How and for whom?
This attitude that the market must always go up has never worked out historically, just makes the eventual reckoning that much worse.
Fortunately that mentality means that renters like my wife and I who want our future kids to grow up in a good house in a quality school district can just keep saving money, waiting to capitalize on the inevitable normalization when all the speculators and eggs-in-one-basket people fail to learn from history... again.
This attitude that the market must always go up has never worked out historically, just makes the eventual reckoning that much worse.
Fortunately that mentality means that renters like my wife and I who want our future kids to grow up in a good house in a quality school district can just keep saving money, waiting to capitalize on the inevitable normalization when all the speculators and eggs-in-one-basket people fail to learn from history... again.